The Stock Exchange rises to the zone of 900 units

her Alexandra Tombra

The Athens Stock Exchange is trying to recover the 900 units today, which receives significant support from the improvement of the European climate which brought better than expected figures for the German GDP.

In particular, the General Index registers gains of 0.81% at 899.56 units, while the turnover is at 3.5 million euros and the volume at 1.4 million pieces. An increase of 0.85% was recorded by the FTSE 25, at 2,172.55 points, while the banking index gained 1.44% at 591.10 points.

Better-than-expected figures for German GDP, which grew by 1.7% in the second quarter, confirm that despite the difficult environment that has formed in the shadow of the energy crisis, the largest economy in the Eurozone is showing resilience.

And this element in turn increases the scope for the European Central Bank to take more decisive action to control inflation, without reinforcing concerns about the effect a monetary tightening will have on the growth rates of the zone.

Of course, this is one of many factors that will influence the ECB’s decision, but it does raise some expectations that there will be more action to stabilize consumer prices.

This does not mean that the concerns that have gripped the Greek market have been smoothed out, with the AXA having found a balance point of the risk assessment between 890 – 900 points.

The next few days, however, and until the presence of the prime minister at the TIF, will be difficult, with the market monitoring the political correlations based on tomorrow’s confrontation between the political leaders in the Parliament.

In accordance with Capital.grthe exchange of strong statements between the government and SYRIZA, in the wake of the four-hour hearing of the new head of the EYP, Themistocles Demiri, in the Parliament’s Institutions and Transparency committee gives the mark of the particularly high tones that are expected to prevail in the speeches of the prime minister and the leaders of the opposition, with the whole scene tending in the direction of… hard rock.

On the dashboard

On the board now, Ellactor and GEK Terna are moving with gains of more than 2%, while Alpha Bank, Piraeus, Hellenic Petroleum, Mytileneos, Biohalco, Eurobank, Terna Energy, Ethniki, PPA and Quest are up more than 1%.

OPAP, ADMIE, OTE, Jumbo, Lambda, Titan, PPC and EYDAP move slightly upwards, with ELHA not changing. On the other hand, Motor Oil, Aegean, Coca Cola and Sarantis are slightly down.